Cities Shop for $10 Billion of Electric Vehicles to Defy Trump
Dozens of U.S. cities are willing to buy $10 billion of electric cars and trucks to show skeptical automakers there’s demand for low-emission vehicles, just as President Trump seeks to review pollution standards the industry opposes.
March 14, 2017ConMet, Protean Electric to Develop Hybrid Wheel End
Consolidated Metco Inc. announced it is partnering with Protean Electric to develop an electric in-wheel drive system to provide hybrid-electric solutions for the medium- and heavy-duty commercial vehicle markets.
March 14, 2017Oil Drops, Diesel Average Slips to $2.564
The U.S. average retail price of diesel slipped 1.5 cents to $2.564 a gallon and crude oil prices dropped below $49 a barrel as efforts to reduce global production bumped against increased domestic shale production, experts said.
March 13, 2017Oil Executives Are Confident That the Future Is Bright
Oil prices are down nearly 10% over the past month, leading some to wonder if we're set for a resumption of the plunge seen between 2014 and early 2016. Executives at oil companies, however, are optimistic.
March 13, 2017Oil Steadies Below $49 as US Drilling Threatens Longer Glut
Oil steadied below $49 a barrel as U.S. drillers continued to boost activity, countering OPEC’s efforts to drain a global glut.
March 13, 2017Engineers Give D+ Grade to US Infrastructure — Again
WASHINGTON — The country’s infrastructure again received a near-failing grade from the American Society of Civil Engineers, highlighting a lack of improvement four years after the group’s last assessment.
March 13, 2017Oil Trades Below $50 After US Supply Glut Erases OPEC's Gains
West Texas Intermediate crude traded below $50 a barrel after surging U.S. supplies wiped out gains in the three months since OPEC’s decision to cut output.
March 10, 2017Oil Slumps to Lowest This Year as Traders Focus on Record Supply
Oil slumped more than 5% to the lowest close this year after government data showed production cuts from OPEC and other producers have not been enough to reduce U.S. supplies.
March 8, 2017Oil Slips, Diesel Inches Up 0.2¢ to $2.579
The U.S. average retail price of diesel rose 0.2 cent to $2.579 a gallon as crude oil prices remained near $53 a barrel and U.S. production advanced amid other cuts in global production.
March 6, 2017Engine Makers Emphasize the Power of Telematics Support for Customers
NASHVILLE, Tenn. — Engine makers, two of whom also build heavy-duty trucks, emphasized the powerful role of telematics in delivering customer support as they announced service-related features.
March 6, 2017